London Co. of Virginia Cuts Position in Aercap Holdings N.V. $AER

London Co. of Virginia reduced its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 7.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,174,167 shares of the financial services provider’s stock after selling 243,140 shares during the quarter. Aercap accounts for 2.1% of London Co. of Virginia’s portfolio, making the stock its 13th largest position. London Co. of Virginia owned about 1.70% of Aercap worth $371,379,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Quarry LP purchased a new stake in Aercap during the 1st quarter worth $37,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aercap during the second quarter worth about $43,000. Geneos Wealth Management Inc. boosted its position in shares of Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after buying an additional 94 shares during the period. Whittier Trust Co. acquired a new stake in shares of Aercap in the second quarter valued at about $53,000. Finally, Summit Securities Group LLC acquired a new position in Aercap during the 1st quarter worth approximately $64,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Price Performance

Shares of NYSE AER opened at $139.41 on Friday. The business has a 50 day simple moving average of $130.24 and a 200-day simple moving average of $121.42. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $142.25. The company has a market capitalization of $26.04 billion, a price-to-earnings ratio of 6.60, a price-to-earnings-growth ratio of 0.74 and a beta of 1.13. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43.

Aercap (NYSE:AER) last released its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the previous year, the company posted $2.41 earnings per share. The firm’s revenue was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, equities research analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Bank of America increased their price objective on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Susquehanna raised their price target on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Morgan Stanley raised their target price on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. Finally, Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $146.29.

Aercap Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.